Melon exports in Rio Grande do Norte grow 10% in 6 months

Rio Grande do Norte’s melon export season, spanning from August 2023 to January of the current year, has seen a notable uptick, a 10% increase in value compared to the same period in the previous crop cycle. This analysis comes courtesy of the International Business Center of the Federation of Industries of the State of Rio Grande do Norte (CIN-FIERN). Meanwhile, watermelon shipments have surged, reaching $43 million and 69,000 tons, marking an impressive 8.9% growth in value compared to the previous season.

However, January’s export figures tell a slightly different story. Despite totaling $70.8 million, they reflect a 6.8% decrease compared to January 2023 and a substantial 17% dip from December of the same year. Among the products, fuel oils (-11.6%), melons (-18.7%), sugar (not recorded in January 2023), watermelons (-23%), and cotton fabrics (18%) emerged as the top exports during this period.

Destinations

In terms of destination, fuel oil and sugar found their way to Panama and Ivory Coast, respectively, marking a significant shift in trade dynamics. These destinations, previously marginal, have now become primary markets for products from Rio Grande do Norte, trailing only behind the Netherlands, United Kingdom, United States, and Spain.

On the flip side, January witnessed a surge in imports, totaling $57 million—a staggering 175% increase compared to January 2022. The main imports during this period included equipment for wind power generation, gasoline, diesel oil, and wheat. China, the Netherlands, the United States, Argentina, and Uruguay stood out as the primary sources of imports at the start of the year.

Despite the decrease in exports, the substantial rise in imports has resulted in a 32% surge in trade flow in January, underscoring the dynamic nature of the state’s commercial landscape, as highlighted by CIN’s latest findings.

Source: Saulo Vale

Click here to read the original news market: https://saulovale.com.br/exportacao-de-melao-no-rn-cresce-10-em-6-meses/

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